“It turns out that CVS is one of about 40 merchants in a consortium that formed in 2011 to develop their own mobile-phone-based payment system. The consortium, called the Merchant Customer Exchange, or MCX, is in large part all about eliminating, or at least reducing, the fees banks charge retailers for swiping credit cards.”

Share & Save

Meaning

Not documented yet.

When It Was Said

Not documented yet.

Who It Was Said To

Not documented yet.

Historical Context

Not documented yet.

Source

Not documented yet.

Original Language & Translation

Originally said in English.

Did They Really Say It?

Not documented yet.

Did You Know?

Not documented yet.

About Walt Mossberg

Walt Mossberg is quoted here; further biographical details are not publicly available.

More from Walt Mossberg (106 quotes) →